Danjoiam

比特幣在價格回調至上升趨勢後繼續保持看跌動量，但未能繼續保持上漲動量。
如果測試過的支撐區被突破，那麼應該預期更多的看跌動量。
#crypto
#forextrader
#bullish

比特幣！比特幣！！比特幣！！！

比特幣繼續顯示看跌動能，這可能會將價格進一步推低於當前價格。最有可能的是，如果價格回升到當前價格以上的$16k，那麼我們將重新獲得強勁的看漲動能。大家要注意。

#FamilyOfficeCrypto #StrategyBTCPurchase

Solana在這個支撐區看起來很看漲
價格反彈並回撤到同一區域。我正在採取多頭頭寸。讓我們看看進展如何，夥計們！

#SpotVSFuturesStrategy
Spot trading has several advantages over future trading. Here are some key benefits:

1. *Simplicity*: Spot trading involves buying and selling assets at current market prices, making it straightforward and easy to understand. Future trading, on the other hand, involves contracts that obligate you to buy or sell an asset at a predetermined price on a specific date, which can be more complex.

2. *No Expiration Dates*: In spot trading, you don't have to worry about contract expirations or rollovers, which can be stressful and costly. You can hold onto your assets for as long as you want without worrying about deadlines.

3. *Less Risk*: Spot trading typically involves less risk than future trading since you're not obligated to fulfill a contract. You can sell your assets at any time, reducing your exposure to market volatility.

4. *No Margin Calls*: With spot trading, you're not required to maintain a margin account or worry about margin calls, which can be costly and stressful. You pay for your assets upfront, and that's it.

5. *More Control*: Spot trading gives you more control over your assets since you own them outright. You can decide when to sell, and you don't have to worry about contractual obligations.

6. *No Leverage Risks*: Future trading often involves leverage, which can amplify your gains but also increase your losses. Spot trading typically doesn't involve leverage, reducing your risk exposure.

That being said, future trading can be beneficial for certain strategies, like hedging or speculation. However, for many traders, the simplicity and reduced risk of spot trading make it a more appealing option.

pi網絡即將到來

對即將到來的比特幣減半有何期待

預計下一次比特幣減半事件將遵循之前減半所建立的模式，大約每四年發生一次。以下是您可以期待的：

• 區塊獎勵減少：比特幣減半最直接的影響是區塊獎勵減少。礦工收到的用於驗證交易的比特幣減少了，這實際上使新比特幣的創建速度減半。這種減少旨在控制通貨膨脹並維持比特幣生態系統內的稀缺性。

• 稀缺性增加：隨着開採的比特幣減少，新供應進入流通的速度下降。隨着時間的推移，這往往會增加稀缺性，隨着需求保持不變或增長，可能會導致比特幣價格上漲的壓力。

• 市場投機：比特幣減半事件通常會引起投資者和交易者的大量投機和關注。對供應減少和潛在價格上漲的預期可能會導致減半事件前後幾周和幾個月的交易活動和波動性增加。

• 價格波動：雖然之前的減半事件與長期價格上漲有關，但短期價格波動很常見。市場情緒、投資者行爲和外部因素都會導致比特幣減半前後價格的波動。

• 挖礦動態：減半可能會影響比特幣挖礦的經濟性，特別是對於使用效率較低的硬件或較高的能源成本運行的礦工而言。一些礦工可能會發現減半後開採比特幣不再有利可圖，導致網絡哈希率可能下降，直到難度調整爲止。

• 對山寨幣的影響：比特幣價格走勢和減半前後的市場情緒可能會影響更廣泛的加密貨幣市場，包括山寨幣。比特幣的積極情緒和價格上漲可能會蔓延到其他加密貨幣，從而導致整個市場的關注和投資增加。

BITCOIN TODAY.

The psychology behind the price of bitcoin lagging within a definite price range is that, in every market, there is a point of overbought and oversold.

When the price of an asset is overbought or oversold, it creates uncertainty and indecisiveness in the direction the asset will go next.

Most People tend to opt out of an overbought/oversold market since they have maximized profit on their trades leaving those without the indept of the market hanging in wanting to catch more moves and that's where loses happen.

Most importantly, if everybody is talking about the rapid growth of an asset, that is in readiness to opt out of their Hodling not in readiness to buy more or keep Hodling.

The best time to opt in a trade or buy an asset is when nobody is talking about the growth of the particular asset when the price is at its lowest.

Getting involved in an already trending market is unwise owing to market manipulation and sentiment.

In a nutshell, don't get involved in a trending market. Either you start with the trend or wait until the trend is over.

Watch closely and be patient. Don't follow every trend.

Xai airdrop is up for grab.

To be launched in 4 days.

Dont miss out. Click the link below and select airdrop. Input your ethereum wallet address to claim.

Link below.

https://xaidrop.com/?ref=86038682

Thank me later.

Bitcoin Today.

From the previous week, we anticipated a reverse in the price of bitcoin owing to price on a major resistance level where price is currently rejected from.

We are expecting more down trend until price hit our recent support zone.. Currently, the Bears are more in charge than the Bulls.

This is not the right time to buy bitcoin.

My thought not a financial advice.
Stay green always.

Why Most People Loose their Money In Crypro

There are several reasons why many people may lose money in Bitcoin or other cryptocurrencies. It's essential to note that investing in cryptocurrencies can be highly speculative and volatile, and individuals should exercise caution and conduct thorough research before getting involved. Here are some common reasons for losses in the cryptocurrency market:

Lack of Understanding: Many people invest in Bitcoin without a clear understanding of how it works, the technology behind it, or the risks involved. Lack of knowledge can lead to poor decision-making and increased susceptibility to scams.

Speculative Nature: Cryptocurrencies are often driven by speculation and hype. People may be influenced by FOMO (Fear of Missing Out) and invest without a solid understanding of the market dynamics.

Volatility: The cryptocurrency market is known for its high volatility. Prices can experience significant fluctuations in short periods, leading to potential losses for those who do not have a risk management strategy in place.

Lack of Research: Some investors fail to conduct proper research before investing in specific cryptocurrencies. Understanding the technology, the team behind the project, and the market conditions is crucial for making informed investment decisions.

Panic Selling: During market downturns, inexperienced investors may panic and sell their assets at a loss to avoid further declines. Emotional decision-making can lead to significant losses.

Regulatory Risks: The regulatory environment for cryptocurrencies varies globally. Changes in regulations can impact the market, and investors may face risks associated with legal uncertainties.

Overleveraging: Some investors use excessive leverage to amplify their trading positions. While this strategy can lead to higher profits, it also increases the risk of significant losses.

It's important for anyone considering investing in Bitcoin or other cryptocurrencies to approach it with caution, conduct thorough research, and only invest what they can afford to lose.

Bitcoin Today.

Bitcoin has seen a correction in price since yesterday and has regained its bullish position after a "break above" of a descending triangle on the 4h time frame.

The bulls have taken control and pushed the market above the recent high. Though there is resistance level between 45000 and 48000, which price is heading. More correction to the downside may like happen from this resistance level, or the bulls may hold their strength and push price further above the zone.

Until then, it is not the right time to buy bitcoin.
My thought, not a financial advice.

Stay green always.

LIQUIDITY IN THE CRYPTO MARKET

The movement in the price of bitcoin today is lagging owing to lack of liquidity as a result of indecision in the price.

When a price of an asset is considered over bought/sold, there is always a haut in price of the asset at a particular level of either support or resistance depending on the direction of the market. In this case, uptrend. (Bitcoin).

Let’s take a look at what liquidity stands for and how it impacts the market.

Liquidity in the context of the crypto market refers to the ease with which a cryptocurrency can be bought or sold in the market without causing a significant impact on its price. It is a measure of how quickly and efficiently an asset can be converted into cash or another cryptocurrency.

High liquidity is generally considered beneficial for a cryptocurrency as it implies a more active and stable market. On the other hand, low liquidity can lead to price slippage, where the execution of a large order causes the price to move significantly.
Several factors contribute to the liquidity of a cryptocurrency:

1. Trading Volume: Cryptocurrencies with higher trading volumes typically have higher liquidity. Higher volumes mean there are more buyers and sellers in the market, reducing the risk of price manipulation and making it easier to execute trades at desired prices.

2. Number of Exchanges: The more exchanges a cryptocurrency is listed on, the higher its liquidity. This is because traders have more options to buy or sell the asset, and arbitrage opportunities help maintain price consistency across different platforms.

3. Market Makers: Market makers are individuals or entities that provide liquidity by placing limit orders on the order book. They help narrow the bid-ask spread and enhance overall market liquidity.

Traders and investors often consider liquidity when assessing the suitability of a cryptocurrency for investment or trading. High liquidity can provide better price discovery, lower spreads, and improved overall market efficiency.

Stay green always.

Bitcoin Today.

Bitcoin has shown a little rejection from the current resistance level on the 1H time frame at the opening of the London session.

If more rejections continue, there will be a correction in price. The bears may likely push prices down. Meanwhile, watch out for the New York session.

My thought on bitcoin not a financial advice.

Stay green always.

WHY WE EXPERIENCE "DUMP" IN THE MARKET.

A "dump" in the context of the crypto market typically refers to a significant and rapid decline in the price of a particular cryptocurrency or the overall market. Several factors can contribute to a dump in the crypto market:

# Market Sentiment: Cryptocurrency prices are highly influenced by market sentiment. Negative news, regulatory developments, or concerns about the security of a particular blockchain can lead to a sudden sell-off.

# Regulatory Developments: Government regulations and policy changes can have a substantial impact on the crypto market. Announcements of regulatory crackdowns, bans, or restrictions on cryptocurrency trading can trigger panic selling.

# Market Manipulation: Cryptocurrency markets are relatively less regulated compared to traditional financial markets. This can make them susceptible to market manipulation, including pump and dump schemes, where large investors artificially inflate the price of a cryptocurrency before selling off their holdings to profit from the subsequent price drop.

# Technology Issues: Problems with the underlying technology of a cryptocurrency or its network can cause a dump. This could include security vulnerabilities, network forks, or issues with smart contracts.

# Macro-economic Factors: Economic factors such as inflation, interest rates, and global economic uncertainty can impact the entire financial market, including cryptocurrencies. Investors may shift their funds to more traditional assets during times of economic uncertainty, causing a dump in the crypto market.

# Liquidity Issues: Cryptocurrency markets can be relatively illiquid compared to traditional financial markets. In illiquid markets, large sell orders can lead to significant price slippage, causing a rapid decline in prices.

# Market Overvaluation: Speculative bubbles can lead to overvaluation of certain cryptocurrencies. When the market realizes that the prices are not justified by fundamentals, a correction can occur, resulting in a dump.

Stay green always.

Bitcoin today!

Did you know that no trend last forever? There is always a moment of pullback, consolidation, fakeout, and breakout in the market.

If you understand these actions in price, then you will understand the market behavior.

Bitcoin is currently in a resistance level where price may likely fall off or break above. One will certainly override the other.

In this scenario, we are expected to wait for a break above and then a retest of the previous zone to consider taking a long position. Otherwise, stay off the market.

Watch out for the closing of the weekly candle..
The bears may likely take over, yet a short position is not ideal at this moment. Watch out.

My thoughts on bitcoin not a financial advice.

Stay green regardless.

What I'm seeing currently from the 1W chart time frame of Bitcoin

Bitcoin is almost at a resistance level which pushed price down in the past. Same downturn may happen if the market makers sell-off their holding at this point.

If eventually, The Bulls hold their strength and bitcoin breaks above the current resistance level. Boom! Bitcoin is heading for $60,000. Buying Bitcoin at this current resistance level is not advisable..